The post XRP Price Prediction For January 4 appeared first on Coinpedia Fintech News Ripple’s XRP is currently up by more than one percent and is trading at the $2.45 levels. The current price action for XRP continues to follow a triangle pattern, which suggests the possibility of higher prices in the short term. There has been no confirmed top within this structure yet, and the overall analysis still points to the formation of an Elliott Wave triangle. A potential scenario involves one more higher low before the next significant upward movement in wave five. The Ongoing Correction and Market Structure Since topping at around $2.90 a month ago, the market has been in a correction. This correction is unfolding in a series of three waves up and three waves down, typical of a corrective phase. While a direct breakout is possible, the most probable scenario suggests one more higher low, forming part of the Elliott Wave triangle pattern. Key Support and Resistance Levels to Watch The support area for XRP is defined by the Fibonacci retracement levels, located between $2.28 and $2.27. This zone is where the price could find weak support before the next move. Importantly, the primary invalidation point for this structure is a break below $1.95, the previous swing low from December 20th. To invalidate the triangle to the upside, XRP would need to break above $2.70. A breakout above this level would signal a continuation of the bullish trend, but the market would still test all-time highs as long as it holds above $1.95. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Lawsuit News: Expert Believes Atkins Won’t Dismiss Case, Settlements Likely , Outlook for XRP: Higher Prices Likely, but Caution is Key While there are no minimum requirements for the E-wave, it is possible to see a shallow correction, similar to previous triangles in XRP’s history. The focus remains on higher prices, and the resistance levels to watch are at $2.55, $2.62, and potentially $2.72. 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// Remove the flag and category ID from localStorage localStorage.removeItem('subscribe_without_Login'); localStorage.removeItem('subscribe_clicked_id'); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll('.subscription-options input[type="checkbox"]'); initialListItems.forEach(function(item) { console.log(item.checked, 'Initial Checkbox checked status'); }); var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector('.subscribe-submit .changeBtnText'); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } }); FAQs Is XRP’s price expected to go higher soon? Yes, XRP’s price is likely to rise soon, with higher lows forming within an Elliott Wave triangle, indicating upward potential. Can XRP reach new all-time highs soon? If XRP breaks above $2.72, it may test new price levels, potentially approaching its all-time high of $3.30.
